Diamond Lifetime High

Well, the bulls keep running with 2023 (with scissors, perhaps, but running nonetheless) as the Dow Industrials ETF symbol DIA (the “DIAmonds“) blasts to yet another lifetime high. That failure below the trendline has got to be one of the grandest fake-outs ever.

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As long as we’re talking lifetime highs, here’s another unlikely victory: Homebuilders! This is the symbol ITB, which is ending the ionosphere.

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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...

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